Zhejiang Huada New Materials Dividend
Dividend criteria checks 2/6
Zhejiang Huada New Materials is a dividend paying company with a current yield of 2.36% that is well covered by earnings.
Key information
2.4%
Dividend yield
30%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Earnings per share | CN¥0.66 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605158 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605158's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Zhejiang Huada New Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605158) | 2.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Metals and Mining) | 2.4% |
| Analyst forecast (605158) (up to 3 years) | n/a |
Notable Dividend: 605158's dividend (2.36%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 605158's dividend (2.36%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), 605158's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605158 is paying a dividend but the company has no free cash flows.